South America Reactive Adhesives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Reactive Adhesives Market Analysis
The South America reactive adhesives market is expected to grow at with a CAGR greater than 6% during the forecast period. One of the major factors driving the market is the growing is the rapid growth of the solar electricity market in the region.
- Growing popularity of heat resistant products is expected to provide a major growth opportunity for the market studied.
- South America accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the end-user industries, renewable energy industry is expected to witness the highest growth rate during the forecast period.
South America Reactive Adhesives Market Trends
This section covers the major market trends shaping the South America Reactive Adhesives Market according to our research experts:
Renewable Energy Industry to Witness the Highest Growth Rate
- The consumption of wind energy has been significantly increasing in the region in the past few years.
- Wind energy offers many advantages over traditional energy sources which include unlimited & free energy, clean and non-polluting way to generate electricity. Unlike other types of power plants, it emits no air pollutants or greenhouse gases.
- Reactive adhesives are used to bond blades together. They offer a solution of reduced weight, as well as providing benefits in reduced assembly time and corrosion protection.
- The installed wind power capacity in the region has witnessed a significant growth in the recent years owing to the growing environmental consciousness.
- Hence, owing to the above-mentioned factors, wind turbines industry is likely to witness the highest growth rate during the forecast period.
Brazil to Dominate the Market
- Brazil accounts for the major share of the South America reactive adhesives market currently owing to the high demand from transportation, aerospace, and construction.
- Brazil has the largest automotive industry in South America and the high automotive production results a high demand for reactive adhesives in the country. However, the recent slowdown of the automotive industry is expected to negatively affect the market studied in the coming years.
- The growing aerospace and construction industries of the country are some of the key factors driving the demand for reactive adhesives in the country.
- Hence, owing to the above-mentioned factors, Brazil is expected to dominate the market studied during the forecast period.
South America Reactive Adhesives Industry Overview
The South America reactive adhesives market is moderately fragmented as the market share is divided among a large number of players. Some of the key players in the market include 3M, Sika AG, Arkema Group, H.B.Fuller Company, and Henkel AG & Co. KGaA, among others.
South America Reactive Adhesives Market Leaders
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3M
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Sika AG
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Arkema Group
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H.B. Fuller Company.
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Henkel AG & Co. KGaA
*Disclaimer: Major Players sorted in no particular order
South America Reactive Adhesives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Rapid Growth of Solar Electricity Market
- 4.1.2 Other Drivers
- 4.2 Restraints
- 4.3 Industry Value-chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
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5.1 Resin Type
- 5.1.1 Polyurethane
- 5.1.2 Epoxy
- 5.1.3 Cyanoacrylate
- 5.1.4 Modified Acrylic
- 5.1.5 Anaerobic
- 5.1.6 Silicone
- 5.1.7 Other Resin Types
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5.2 End-user Industry
- 5.2.1 Building & Construction
- 5.2.2 Renewable Energy
- 5.2.3 Transportation
- 5.2.4 Healthcare
- 5.2.5 Electronics
- 5.2.6 Aerospace
- 5.2.7 Sports & Leisure
- 5.2.8 Other End-user Industries
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5.3 Geography
- 5.3.1 Brazil
- 5.3.2 Argentina
- 5.3.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Arkema Group
- 6.4.3 Avery Dennison Corporation
- 6.4.4 Dow
- 6.4.5 Dymax Corporation
- 6.4.6 Franklin Adhesives & Polymers
- 6.4.7 H.B. Fuller Company
- 6.4.8 Henkel AG & Co. KGaA
- 6.4.9 Hexion
- 6.4.10 Huntsman International LLC
- 6.4.11 Jowat SE
- 6.4.12 Sika AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Growing Popularity of Heat-resistant Products
South America Reactive Adhesives Industry Segmentation
The South America Reactive Adhesives market report includes:
| Resin Type | Polyurethane |
| Epoxy | |
| Cyanoacrylate | |
| Modified Acrylic | |
| Anaerobic | |
| Silicone | |
| Other Resin Types | |
| End-user Industry | Building & Construction |
| Renewable Energy | |
| Transportation | |
| Healthcare | |
| Electronics | |
| Aerospace | |
| Sports & Leisure | |
| Other End-user Industries | |
| Geography | Brazil |
| Argentina | |
| Rest of South America |
South America Reactive Adhesives Market Research FAQs
What is the current South America Reactive Adhesives Market size?
The South America Reactive Adhesives Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in South America Reactive Adhesives Market?
3M, Sika AG, Arkema Group, H.B. Fuller Company. and Henkel AG & Co. KGaA are the major companies operating in the South America Reactive Adhesives Market.
What years does this South America Reactive Adhesives Market cover?
The report covers the South America Reactive Adhesives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Reactive Adhesives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Reactive Adhesives Industry Report
Statistics for the 2024 South America Reactive Adhesives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Reactive Adhesives analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
